According to the philosopher Norman Bowie, the contractual duty that managers have to stockholder-owners:

A. makes them feel obliged to perform social good and prevent harm to the society.
B. overrides their responsibility to prevent harm or to do good.
C. makes them focus on philanthropy.
D. leads them to take environment-conscious managerial decisions.


Answer: B

Business

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Which of the following is NOT a characteristic of a management decision problem?

A) focuses on symptoms B) asks what the decision maker needs to do C) is action oriented D) focused on the underlying causes E) A and C

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Most people appreciate being asked for advice and consultation, and often feel more connected as a result.

a. true b. false

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Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August.    Percent Complete UnitsMaterialsConversionWork in process, August 130075%10%Units started into production during August6,100    Units completed during August and transferredto the next department5,600    Work in process, August 3180090%85% Required:Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for August using the FIFO method.

What will be an ideal response?

Business

Author Susan Cain suggests organizations need to downplay the glorification of ______ skills and that the world needs more ______.

A. technical; visionaries B. social; introverts C. research; leaders D. leadership; followers

Business